Nounrates
Derived termsFrenchNounrates
Verbrates
From Wiktionary under the GNU Free Documentation License. Rates (Portuguese pronunciation: [ˈʁatɨʃ]) is a Portuguese parish and town located in the municipality of Póvoa de Varzim. In the census of 2001, it had a population of 2,539 inhabitants and a total area of 13.88 square kilometres. HistoryRates is a historic small town that developed around the Monastery of Rates, established by Henry of Burgundy in 1100 AD on the site of an older temple. It gained importance due to the legend of Saint Peter of Rates, first bishop of Braga, becoming in a central place in the Portuguese Way of Saint James. It has been inhabited since the Roman era; archaeological works in its church date the site from the Roman era, and there was a Roman road running through it. In the 16th century, the monastery was dissolved and a Comenda of the Order of Christ was created. Its first Comendador was the Noble Knight Tomé de Sousa, who John III of Portugal made Governor of Brazil. It lost its municipal status in 1836 and was annexed to Póvoa de Varzim. It became a town again on July 2, 1993, mostly due to its historical importance. From Wikipedia under the
GNU Free Documentation License How does falling interest rates of one currency affect other currencies? Q. For instance, if EURO interest rates are reduced, how does it affect EUR/USD exchange rates. Common sense dictates that the EUR/USD would decrease in value as people flock to currencies with higher returns. But this is not only always the case. It may be not the actual reduction in rates, but the commentary (optimism/pessimism for the future) that goes along with it. Comments? Asked by Oz Z - Sun Jan 18 16:11:45 2009 - - 1 Answers - 0 Comments A. You make a good point. However, the interest rate cut affects the exchange rate well before the cut actually takes place. Investors estimate how many points the interest rate will be cut and the exchange rate adjusts accordingly. On the day of the cut, if the interest rate is cut more than expected, then the value will fall and vice versa. Then immediately after the adjustment, the exchange rate once again forecasts the future. Answered by tdoan89 - Sun Jan 18 16:30:51 2009 What if the latest rates cut does nothing to unfreeze the credit markets? Q. seriously, rates were already at 1% and banks still maintained strict lending rules? what difference will the rates cut mean if only a small percentage of the population is deemed credit worthy? Asked by Tuco - Tue Dec 16 14:56:41 2008 - - 1 Answers - 0 Comments A. They are doing what should have been done months ago. They are "behind the curve". Answered by 60187guy - Tue Dec 16 16:25:28 2008 How does the Canadian dollar affect interest rates?
Q. Now that the Canadian dollar is at parity with the US dollar, I've been hearing in the news that the Bank of Canada will be hiking interest rates. What is the reason behind this? How exactly does the dollar affect the interest rate? Thanks! Asked by Amanda L - Sun Oct 14 11:57:36 2007 - - 1 Answers - 0 Comments A. The dollar does not affect the interest rate. What the problem is, is the parity dollar, it makes exporting companies less competitive so the Canadian gov't would really like a lower dollar. But The Canadian gov't also sees an overheated economy and is worried about inflation, and they will raise interest rates to stem inflation. Unfortuneatly this will attract more money to Canada and will raise the value of the dollar furthur Like possible CDA/US 1.10/1 in a few years Answered by bob shark - Sun Oct 14 12:15:35 2007 From Yahoo Answer Search: "rates" Aqua of Virginia seeks rate increase for county customers
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